South Carolina Statutes
§ 34-9-90 — Preferred stock shall be included in capital.
South Carolina § 34-9-90
JurisdictionSouth Carolina
Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY
Ch. 9BANK CAPITAL AND CAPITAL STOCK
This text of South Carolina § 34-9-90 (Preferred stock shall be included in capital.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 34-9-90 (2026).
Text
Any preferred stock lawfully issued by a banking institution organized under the laws of this State shall be included in determining whether such banking institution has complied with the minimum capital stock requirements provided by law for banking institutions in this State.
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Legislative History
HISTORY: 1962 Code SECTION 8-150; 1952 Code SECTION 8-150; 1942 Code SECTION 7835; 1935 (39) 493.
Nearby Sections
12
§ 34-9-100
Issuance of capital notes or debentures.§ 34-9-130
Reserve requirements of state banks.§ 34-9-40
Minimum capital requirements.§ 34-9-70
Repealed.§ 34-9-80
Repealed.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 34-9-90, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/9/34-9-90.